Rise of AI in Medical Imaging Industry to Reach $29.8 Billion, Globally, by 2032 at 32.1% CAGR

AI in medical imaging refers to the application of artificial intelligence (AI) techniques to analyze, interpret, and enhance medical images. These images can include X-rays, CT scans, MRI scans, ultrasound images, and more. AI algorithms are trained on large datasets of medical images to detect patterns, anomalies, and diseases. By leveraging AI, medical imaging processes can be automated, aiding in faster and more accurate diagnosis, treatment planning, and patient care.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/A12693

According to the report, the global AI in medical imaging industry generated $1.9 billion in 2022, and is anticipated to generate $29.8 billion by 2032, witnessing a CAGR of 32.1% from 2023 to 2032.

AI in the medical imaging industry has the potential to significantly aid healthcare professionals and organizations. AI-powered technologies assist radiologists in detecting subtle abnormalities and patterns, reducing the risk of errors and enhancing diagnostic accuracy. Moreover, these tools expedite processes, allowing radiologists to concentrate on complex cases requiring human expertise.

However, as AI continues to advance in the medical imaging sector, issues like data privacy, regulatory compliance, and interoperability remain crucial considerations. Striking the right balance between harnessing AI's potential and adhering to ethical and regulatory standards will be pivotal in realizing the market's full potential.

For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/A12693

The AI in medical imaging market has experienced remarkable growth in recent years, fueled by advancements in artificial intelligence (AI) technologies and their integration into healthcare systems. With the ability to analyze vast amounts of medical data quickly and accurately, AI algorithms have significantly enhanced the efficiency and accuracy of diagnostic imaging processes. From detecting abnormalities in X-rays and MRIs to assisting in early disease detection and treatment planning, AI has revolutionized medical imaging by providing clinicians with valuable insights and improving patient outcomes.

This rapid growth is further propelled by increasing investments in AI research and development, rising demand for advanced healthcare solutions, and the growing prevalence of chronic diseases worldwide. As AI continues to evolve and integrate further into medical imaging practices, the market is expected to expand even further, unlocking new opportunities for innovation and improving healthcare delivery across the globe.

Covid-19 Scenario:

• The Covid-19 pandemic served as a spur for improvements in the market for AI in medical imaging. It promoted partnerships between AI developers, medical researchers, and healthcare organizations, speeding up research and development activities.

• The market for AI in medical imaging was significantly impacted by the COVID-19 epidemic. The crisis accelerated the use of artificial intelligence (AI) in medical imaging processes and sparked innovation, paving the path for better and more efficient healthcare solutions in the post-pandemic period.

Buy Now & Get Exclusive Report at: https://www.alliedmarketresearch.com/ai-in-medical-imaging-market/purchase-options

By modality, the CT scan segment garnered the major share in 2022 accounting for more than one-third of the global AI in medical imaging market and is estimated to rule the roost throughout the forecast timeframe. A common medical imaging method called a CT (Computed Tomography) scan uses X-rays and computer processing to produce cross-sectional pictures of the body. Whereas, electromagnetic radiation is employed by X-rays, a common medical imaging technique, to show inside structures. They support the diagnosis of fractures, lung ailments, dental issues, and other disorders. On the other hand, the X-rays segment is projected to manifest the highest CAGR of 36.5% from 2023 to 2032, especially the combination of X-rays with AI in medical imaging is a potent and revolutionary way to increase diagnostic precision, quicken interpretation, and improve patient care.

Based on technology, the deep learning segment generated major share in 2022 accounting for nearly half of the global AI in medical imaging market revenue and is projected to retain its dominance during the forecast period. Deep learning in AI has had an immense effect on the medical imaging sector owing to its ability to improve the precision of diagnostics, automate image processing, and assist the early diagnosis of disease. In the context of the medical imaging industry, "computer vision" refers to the use of sophisticated image processing and analysis methods supported by AI. However, the computer vision segment is projected to manifest the highest CAGR of 36.9% from 2023 to 2032, as these AI-driven solutions improve image interpretation's effectiveness and precision, allowing healthcare workers to take more informed decisions and identify problems early.

Access the full summary at: https://www.alliedmarketresearch.com/ai-in-medical-imaging-market-A12693

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the global AI in medical imaging market revenue and is expected to maintain its dominant status throughout the forecast timeframe. This is because the region is in the mature stage of adopting the technology. However, the Asia-Pacific region is expected to witness the fastest CAGR of 34.6% from 2023 to 2032, owing to advancing technology and increasing healthcare needs.

The report furnishes a competitive analysis and profiles of prominent contenders in the AI medical imaging sector, notably Siemens, NVIDIA Corporation, IBM Corporation, GE Healthcare, Koninklijke Philips N.V., Aidoc, Butterfly Network, Inc., Zebra Technologies Corp., Arterys Inc., and ICAD Inc. These leading entities have embraced diverse strategies, including the introduction of new products, acquisitions, partnerships, collaborations, and business expansions, aimed at bolstering their market presence in the projected global AI medical imaging market.

The report offers an in-depth examination of the leading participants in the worldwide AI in medical imaging market. These entities have implemented diverse tactics, including the introduction of new products, partnerships, expansions, joint ventures, agreements, and more, to enhance their market presence and uphold prominent positions across various regions. It proves invaluable by spotlighting business achievements, operational segments, product arrays, and strategic maneuvers of market participants, thereby illustrating the competitive landscape.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A12693

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have special requirements, please tell us, and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.